Unlocking Trading Insights with the Cumulative Volume Delta (CVD) Indicator for MetaTrader 5

Looking to sharpen your trading edge? The Cumulative Volume Delta (CVD) indicator for MetaTrader 5 is a lightweight, open-source tool that visualizes the net buying and selling pressure as CVD candles in a separate window. It’s an excellent starting point for diving into volume and order flow analysis.

What It Does

Calculates and displays CVD on your chart using M1 data (this is the free version)
Offers an option to reset on timeframe boundaries or to keep it running without resets
Compatible with any symbol and timeframe, giving you flexibility in your trading

How It’s Calculated (Free Version)

For each M1 candle: direction = sign(close − open)
Volume delta = direction × tick_volume
CVD = cumulative sum of volume deltas
Displayed as candles (open/close = previous/current CVD)

Inputs

InpResetPeriod (ENUM_TIMEFRAMES): Choose a timeframe to reset CVD (e.g., H1, D1)
InpNoReset (bool): Set to true if you prefer to never reset

How to Install

Copy CVD_MT5_v3_m1_codebase.mq5 to: MQL5/Indicators
Compile it in MetaEditor (just hit F7) or restart MetaTrader 5
Attach it from the Navigator under Indicators

Tips & Troubleshooting

On your first run, MetaTrader 5 may need to download M1 history. So, be patient! Scrolling through the chart or switching timeframes can help MT5 fetch the necessary data.
If CVD doesn’t seem to update, double-check that your chosen symbol/timeframe has M1 history available.
For those with slow terminals, consider trading less busy symbols or keeping fewer charts open to boost performance.

CVD Indicator